We're short for now | 22 Septiembre 2023
22 Septiembre 2023, EUR/USD
EURUSD is still very bearish. From the chart above, we can see that the price is currently dropping impulsively to the downside. The price has been rejected at a major resistance zone, specifically at 1.0762, just as we expected. We anticipate the price to continue its descent, at least down to 1.0633. If you currently have a sell trade open, I highly recommend moving the stop loss to breakeven to lock in profits. You can now place a short position below 1.0647 with a profit target of 1.0606 to 1.0633.
Trade Recommendations:
We're short for now
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
